GazDix
Regular
Positives and negatives of the AGM for me and my perception.
Only one negative I have, but it is an important one.
- It has been mentioned many times about Viana's performance. No need to go over it in detail. But instead, focussing on that sort of personality. He will impact in a dominant way what the Board does and reacts/thinks. He said 'I personally take responsiblity' (for not putting out Non price Anns). So how is he leading the decisions in regards to ASX Anns? The cute Wayne Gretsky bullshit (made me vomit a bit) and then the weird 'we didn't say US' crap may be the sort of shit he pulls off in Board meetings... Like the 'upramping' rant - a personality who likes creating strawman arguments that shows he is more emotive than critical.
As mentioned at the Crapper, the Board also never spoke up when he made the 'we never said the US' garbage. Why? His two facedness when dealing with SL for the final resolution. A proper C U next Tuesday sort of bloke.
Not that I want to marry him, but The Board's culture was revealed a little during the AGM IMO and it isn't good.
We could have the best tech that could make a quadrillion dollars, but we won't if we have a Board that is not dynamic and choses to ignore its stakeholders.
This is a big risk to the company as a whole and how we ever execute or report anything especially when news could be good in the future.
- Sean's performance. Don't care too much. Reminded me of the 2023 one really.
Positives:
- In the tech speech it was mentioned more than once that 'it will be available in comprehensive silicon within 12 months' - referring to Akida 3.
- Shareholders speaking up and challenging the poor performance (especially in relation to communication). Great questions by FF and other SHs there in person apart from the numpties going off their heads.
- The company is listening to the tech demands and adjusting accordingly. Changing quickly in this industry is important. A roadmap finally in which even the dodgiest crypto companies have.
- In touch with at least 10 to 20 multinationals. One very large player that Sean mentioned more than once that cannot take on a risk now because they have laid off employees.
Overall, tech is still best in class. The Board isn't with its relationship to SHs. I think the way business is conducted will continue as usual. The waiting game continues. We need to deliver any kind of decent contract soon to catch the pump in M2 wave that will occur from here into 2026 (unless a black swan event happens). I think the odds of this happening is pretty good.
I've written to TD and expressed that we MUST put all X (Twitter) posts up as non-price sensitive ANNS as FF alluded to. There is just no excuse not to. Brainchip isn't responding the X followers. We are listed on the ASX.
I do worry about the execution of the good news when is happens, but it will happen in time.
Only one negative I have, but it is an important one.
- It has been mentioned many times about Viana's performance. No need to go over it in detail. But instead, focussing on that sort of personality. He will impact in a dominant way what the Board does and reacts/thinks. He said 'I personally take responsiblity' (for not putting out Non price Anns). So how is he leading the decisions in regards to ASX Anns? The cute Wayne Gretsky bullshit (made me vomit a bit) and then the weird 'we didn't say US' crap may be the sort of shit he pulls off in Board meetings... Like the 'upramping' rant - a personality who likes creating strawman arguments that shows he is more emotive than critical.
As mentioned at the Crapper, the Board also never spoke up when he made the 'we never said the US' garbage. Why? His two facedness when dealing with SL for the final resolution. A proper C U next Tuesday sort of bloke.
Not that I want to marry him, but The Board's culture was revealed a little during the AGM IMO and it isn't good.
We could have the best tech that could make a quadrillion dollars, but we won't if we have a Board that is not dynamic and choses to ignore its stakeholders.
This is a big risk to the company as a whole and how we ever execute or report anything especially when news could be good in the future.
- Sean's performance. Don't care too much. Reminded me of the 2023 one really.
Positives:
- In the tech speech it was mentioned more than once that 'it will be available in comprehensive silicon within 12 months' - referring to Akida 3.
- Shareholders speaking up and challenging the poor performance (especially in relation to communication). Great questions by FF and other SHs there in person apart from the numpties going off their heads.
- The company is listening to the tech demands and adjusting accordingly. Changing quickly in this industry is important. A roadmap finally in which even the dodgiest crypto companies have.
- In touch with at least 10 to 20 multinationals. One very large player that Sean mentioned more than once that cannot take on a risk now because they have laid off employees.
Overall, tech is still best in class. The Board isn't with its relationship to SHs. I think the way business is conducted will continue as usual. The waiting game continues. We need to deliver any kind of decent contract soon to catch the pump in M2 wave that will occur from here into 2026 (unless a black swan event happens). I think the odds of this happening is pretty good.
I've written to TD and expressed that we MUST put all X (Twitter) posts up as non-price sensitive ANNS as FF alluded to. There is just no excuse not to. Brainchip isn't responding the X followers. We are listed on the ASX.
I do worry about the execution of the good news when is happens, but it will happen in time.